HSBC Not Required to Monitor Bounce Back Loan Spending, Ombudsman Dismisses Complaint
BBL Complaints Dismissed
Barclays Seizes £36k of £50k Bounce Back Loan, Ombudsman Dismisses Complaint
Barclays seized £36k of a £50k Bounce Back Loan left in a business account. The Ombudsman dismissed the complaint, upholding the bank’s recall rights. […]
BBL Blaggers
Constantin Paraschiv, Director of Paracon Trans Ltd, Receives 10-Year Ban for Overstating Turnover and Transferring £44,500 HSBC Bounce Back Loan Overseas
The Insolvency Service has disqualified directors for using Bounce Back Loans for personal fines. […]
Special Reports
Ombudsman Jenny Lomax Clears Starling Bank for Freezing BBL Account After Spotting Compulsory Strike-Off Action as Default Event
Starling froze a BBL account over a strike-off notice, and Ombudsman Jenny Lomax backed them. […]